Tekel

Tekel
Company typeSubsidiary
IndustryTobacco
Founded1862; 162 years ago (1862)
Defunct2008; 16 years ago (2008)
FateAcquired by British American Tobacco in 2008, becoming a brand; factories closed in 2009[1]
Headquarters,
Key people
Maliye Bakani (general director)
ProductsCigarettes
Revenue$3.6 billion USD (2004)
$2.4 billion USD (2004)
Number of employees
10,000[1]
ParentBritish American Tobacco

Tekel A.Ş. (Turkish, literally single-hand or monopoly and generally capitalised as TEKEL) was a Turkish tobacco and alcoholic beverages company. It was nationalised in 1925 from a parastatal (government owned/controlled) company, the Régie. A joint foreign and Ottoman consortium, the Régie was short for "La Société de la régie co-intéressée des tabacs de l'Empire Ottoman".

Tekel evolved into the sole manufacturer and distributor of all alcohol and tobacco products in Turkey. Today, Tekel is no longer a monopoly, but it does control taxing and distribution of all alcohol and tobacco products in Turkey.

In 2008, it was sold to British American Tobacco and discontinued as a trademark in cigarettes, wines, liquors or other products, although some of its brand names are still used without the word "Tekel" preceding them; like the Buzbağ wine.

  1. ^ a b Cite error: The named reference GU02 was invoked but never defined (see the help page).